IRELAND - Minister for social and family affairs Mary Coughlan TD today launched National Pensions Awareness Week with a call for action to those without pension provision to commence planning for their retirement.
The week, which runs from September 13 to 19, will focus on the key sectors in the Irish society with low pensions coverage, The Pensions Board said in a release.
Speaking at the launch, Pensions Board chairperson Michael McNulty said: “Generally speaking people are living longer and leading more active lives in retirement. As a result it is more important than ever for you to think about where your income will come from when you retire.”
He added: “Taking out a pension is a significant commitment to planning for and providing for your future. Decisions you make about your pension now may affect how you live during your retirement years.”
The Pensions Board is the statutory body set up to regulate occupational pension schemes and to advise the government on overall pension policy development.
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